North Korean hackers have "laundered" $242 million stolen from Binance within two days

On-chain analyst and Security Alliance contributor SomaXBT stated that North Korean hackers laundered approximately $242 million of stolen funds from Binance within two days. Meanwhile, the FBI is pressuring platforms like THORChain to halt related transactions.

SomaXBT noted that the stolen funds were transferred through multiple cryptocurrency cross-chain bridges, with Relay handling $48 million in outflows, THORChain managing $44 million, Chainflip processing $32.1 million, and Symbiosis dealing with $16 million, totaling approximately $140 million. The final destination of these funds remains unclear.